(06 NOVEMBER 2018)USD/TRY:Watch 5.2450.

(06 NOVEMBER 2018)USD/TRY:Watch 5.2450.

6 November 2018, 09:33
Jiming Huang
0
56

try

Pivot (invalidation): 5.3760

Our preference

Short positions below 5.3760 with targets at 5.2970 & 5.2450 in extension.

Alternative scenario

Above 5.3760 look for further upside with 5.4200 & 5.4760 as targets.

Comment

A break below 5.2970 would trigger a drop towards 5.2450.

(By Swissquote TRADING CENTRAL) 

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